06.11.2018 13:33:41
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Vishay Precision Group, Inc. Q3 adjusted earnings Beat Estimates
(RTTNews) - Vishay Precision Group, Inc. (VPG) released earnings for its third quarter that climbed from last year.
The company's bottom line came in at $7.55 million, or $0.56 per share. This compares with $4.26 million, or $0.32 per share, in last year's third quarter.
Excluding items, Vishay Precision Group, Inc. reported adjusted earnings of $7.74 million or $0.57 per share for the period.
Analysts had expected the company to earn $0.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 20.2% to $75.49 million from $62.81 million last year.
Vishay Precision Group, Inc. earnings at a glance:
-Earnings (Q3): $7.74 Mln. vs. $3.57 Mln. last year. -EPS (Q3): $0.57 vs. $0.27 last year. -Analysts Estimate: $0.49 -Revenue (Q3): $75.49 Mln vs. $62.81 Mln last year.
-Guidance: Next quarter revenue guidance: $73 to $80 million
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